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Diane Swonk, chief economist at Grant Thornton, a major accounting firm, said in a blog that the bulk of the recovery in consumer spending occurred in May and June as the economy reopened.

Display screen manufacturers in China are expanding their market share in the smartphone sector as they move into high-end products.

Didi aims to use technology such as big data and artificial intelligence to create a more effective service for both taxi drivers and passengers to reach a win-win situation, Shi Donghai, head of its taxi department.

Despite the outbreak, Colombia is now working to extend the number of approved production areas for exports to China. In July, a Chinese delegation visited the Magdalena banana zone in the north of the country.

Despite the ongoing COVID-19 pandemic, international businesses are looking to increase the proportion of their China-based supply chains, in addition to strengthening their digital propositions to tap into the Chinese consumer market, according to a latest survey released by HSBC.